0 400th St & 405th Street, Osage, IA 50461
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0 400th St & 405th Street, Osage, IA 50461
0 400th St & 405th Street, Osage, IA 50461
0 400th St & 405th Street, Osage, IA 50461
0 400th St & 405th Street, Osage, IA 50461

$1,934,066

Est. payment /mo

$1

193406500.0%
Est.Price: ?

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0 400th St & 405th Street Osage, IA 50461

116.51 Acres Lot

SOLD DATE : 11/21/2025

Key Details

Sold Price $1,934,066

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 723855

Sold Date 11/21/25

HOA Y/N No

Annual Tax Amount $4,092

Lot Size 116.510 Acres

Acres 116.51

Property Description

Mitchell County, Iowa Farmland Auction - Mark your calendars for Wednesday, September 24th, 2025! We are honored to represent the heirs of the Russell G. McPhail Estate in the sale of 116.51 acres m/l located northeast of Osage, Iowa, or just south of Little Cedar, Iowa. The farmland will be sold as two individual tracts through the Buyer's Choice Auction Method, taking place at 10:00 AM at the CRC Events Center in Osage, Iowa.

Tract 1: 80 acres with 76.79 FSA cropland acres; CSR2 of 86.6.
Tract 2: 36.51 acres with 35.48 FSA cropland acres; CSR2 of 79.3.

These high-quality farmland tracts are located in a strong farming community with several grain marketing outlets nearby. They would be a great add-on to an existing farm operation, an affordable tract for a beginning farmer, or a smart investment for the buyer looking to diversify their portfolio. The farmland acres are classified as NHEL (Non-Highly Erodible Land) and have been professionally managed, enhancing their value as a reliable and sustainable asset. The tracts are located in Liberty and Burr Oak Townships. The farm lease has been terminated, and the farming rights will be available for the 2026 growing season.

The farms will be offered via a live Public Auction that will take place at 10:00 AM CST on Wednesday, September 24th, 2025, at the CRC Events Center, 1006 Chestnut Street, Osage.

Location

State IA

County Mitchell

Area Other

Zoning Ag

Interior

Fireplace No

Exterior

Private Pool No

Schools

School District Outside School District

Others

Tax ID 0735100001, 1103200003

Monthly Total Fees $341

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Auction

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Listed by Peoples Company
Bought with Peoples Company

Nearby Locations

Stacie Holst
Stacie Holst

Broker Associate License ID: B66151000

+1(515) 720-0825 | stacieholst@gmail.com

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